Keep buying Tech Stocks during this Correction ‼️ AI story is still intact🍷
I’ve been buying few stocks recently, I was buying $NVIDIA(NVDA.US$ $Taiwan Semiconductor(TSM.US$ $Microsoft(MSFT.US$ and $Alphabet-C(GOOG.US$ during this correction‼️
I have just bought $Advanced Micro Devices(AMD.US$ after they released their Earning Report. AMD beat on both EPS and Revenue that surpassed Wall Street’ expectations and their future guidance did beat expectation too and AMD said that they expect to "deliver strong revenue growth in the second half of the year."😍
Also, AMD gains came as data center revenue more than doubled year-over-year to a record high as AI demand surged. And don’t forget that $Taiwan Semiconductor(TSM.US$ Future Guidance was showing the same thing that their AI demand surged at least until 2025-2026😍 which shows that the current Ai chain is still healthy and is on the right track.
$Microsoft(MSFT.US$ beat both EPS and Revenue. If exam full marks is 100, Microsoft got at least 90 and that’s why their share price rebounded from -8% to now -2% and that’s also the reason why I am starting to buy Microsoft too. Their fundamental is just fantastic and they also stated that they are increasing their AI CAPEX too which is good to AMD and NVDA😎
All in all, market is still volatile after all as there is still FOMC meeting going on during this midnight and Meta/Amazon/Apple Earning will be released by this week too but to be honest, so far all the M7 Earning is not really having any disaster problem. So far all is just fantastic. I believe after this week, there might be some huge tech rebound next week if Apple/Amazon/Meta Earning is as good as Microsoft‼️
And of course, Jerome speech is important too🍷
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practical NyanCat_76 : Congrats!
103970650 : very good...
Anthony 27 OP 103970650 : Still hard to say for short term but for long term I think is good.
10baggerbamm Anthony 27 OP : the Oracle of Omaha (Buffett ) said it " be fearful when others are greedy and greedy when others are fearful"
Anthony 27 OP 10baggerbamm : Yes you’re right
10baggerbamm Anthony 27 OP : of course leave it to a billionaire to say that they always have money sitting around it's difficult for the average Joe. I am very little doubt that the people that have the intestinal fortitude to buy over the past couple of days and maybe the next few days or weeks, will be handsomely rewarded it may take 6 months it may take a year but you will be what I think is the bottom of a very nice upward trend when you look at a chart at that point and many people and I can put myself into this basket we'll need a recovery just to get back to the level of profits that they had and others just to a break even point
76545789 Anthony 27 OP : its definitely not hard to tell